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Eclipse Metals undertook preliminary shallow trenching and drilling at its rare earths deposit, 3 kilometres east of the Gronnedal settlement in southwest Greenland, before spectacularly updating its mineral resource estimate to 89 million tonnes earlier this month.

Eclipse testwork shows high Greenland rare earths recoveries

Eclipse Metals’ Gronnedal rare earths project in Greenland has cemented its position as a potential key source of the high-value magnet elements, neodymium, praseodymium, dysprosium and terbium.

  • Doug Bright

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Astron Corporation has announced plans to redomicile its corporate headquarters from Hong Kong to Australia, in a move expected to bring closer alignment with its local investor base as it powers ahead with its Donald rare earths and mineral sands project in Victoria.

Astron plans shift back home to redomicile in Australia

Astron Corporation plans to shift its headquarters from Hong Kong to Australia to streamline governance, attract investors and boost its Donald rare earths project in Victoria.

  • James Pearson
Auric Mining has detonated its first blast at the company’s Munda mine near Widgiemooltha in WA to kick off gold production.

Auric lights fuse on first blast at WA Munda gold mine

Auric has fired off the first blast at its Munda gold mine in the WA Goldfields to kickstart production, as the company eyes strong cash flow amid a surging gold price.

  • James Pearson
Javelin Resources’ Eureka open pit north of Kalgoorlie, where it plans to fast-track gold production at its granted mining licence.

Javelin soars toward production at Kalgoorlie gold play

Javelin Minerals will charge towards production at its 112,000-ounce Eureka gold project outside of Kalgoorlie, with a plan to fast-track mining at its open pit.

  • Andrew Todd
Core from Strickland Metals’ second hole showing skarn-hosted mineralisation with chalcopyrite and pyrite from 456.5 metres, which assayed 3.5g/t gold, 0.5 per cent copper and 3.3g/t silver.

Strickland cores 244m to extend high-grade Serbian gold-silver zones

Strickland Metals’ results from two diamond holes drilled at its Serbian Shanac deposit include exceptional intercepts up to 244.4m at 1.3g/t gold equivalent.

  • Doug Bright
Yat-Gai Au’s net worth has soared.

This mysterious company has never sold a single product. Its founder is now worth $51 billion

A company that aims to treat neurological conditions such as ADHD and autism has made a dizzying share price surge without a single sale. It has made its founder very rich.

  • Angel Adegbesan and Dylan Sloan
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Sarytogan’s recent trenching location was partly predicated on a historic diamond drill hole containing distinctive blue-green copper-rich malachite mineralisation.

Sarytogan trench sampling confirms extensive Kazakh copper potential

Sarytogan Graphite has identified anomalous copper in 140m of trenching averaging 0.09% copper at its Ilkin prospect in the Baynazar copper project in Kazakhstan.

  • Doug Bright
Empire Energy, which has had a name change to Beetaloo Energy Australia, is kick-starting a hydraulic stimulation program under its new moniker at the company’s onshore Carpentaria-5H well, part of its Carpentaria gas pilot project in the Northern Territory’s massive Beetaloo Basin.

Empire/Beetaloo stimulates gas extraction at massive NT project

Beetaloo Energy Australia – formerly Empire Energy Group - has kick-started hydraulic stimulation activities at its Carpentaria-5H horizontal well in the NT’s massive Beetaloo Basin.

  • Craig Nolan
Strickland Metals has deployed a seventh drill rig at its Rogozna gold-base metal project in Serbia, targeting high-grade gold in the race to deliver a maiden resource at its Gradina prospect by year’s end.

Strickland ramps up Serbian gold assault with seventh drill rig

Strickland Metals has unleashed a seventh drill rig at its 7.4M-ounce gold equivalent Rogozna project in Serbia to target high-grade lodes at its Gradina prospect.

  • James Pearson
Aguia Resources’ recently leased phosphate processing plant owned by Dagoberto Barcelos near Caçapava do Sul in Brazil.

Aguia locks in $4M loan to kick-start Brazilian phosphate production

Aguia Resources has secured a $4 million loan from a local bank to refurbish its plant and kick-start mining ops at the company’s phosphate project in Brazil.

  • Craig Nolan

Original URL: https://www.smh.com.au/topic/sharemarket-61t